Univar Inc. (UNVR) Holdings Boosted by Engineers Gate Manager LP

Engineers Gate Manager LP grew its holdings in Univar Inc. (NYSE:UNVR) by 44.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 90,276 shares of the basic materials company’s stock after purchasing an additional 27,674 shares during the quarter. Engineers Gate Manager LP owned about 0.06% of Univar worth $2,636,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of UNVR. Ameritas Investment Partners Inc. acquired a new position in shares of Univar during the first quarter valued at $114,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Univar by 64.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,792 shares of the basic materials company’s stock valued at $116,000 after acquiring an additional 1,480 shares during the period. SG Americas Securities LLC acquired a new position in shares of Univar during the second quarter valued at $122,000. BNP Paribas Arbitrage SA lifted its stake in shares of Univar by 176.9% during the second quarter. BNP Paribas Arbitrage SA now owns 4,824 shares of the basic materials company’s stock valued at $141,000 after acquiring an additional 3,082 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new position in shares of Univar during the first quarter valued at $229,000. 96.66% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on UNVR. Zacks Investment Research lowered Univar from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. Jefferies Group LLC reaffirmed a “buy” rating and set a $39.00 price target (up previously from $36.00) on shares of Univar in a research note on Wednesday, May 17th. BidaskClub raised Univar from a “sell” rating to a “hold” rating in a research note on Monday, July 24th. Barclays PLC upped their price target on Univar from $33.00 to $34.00 and gave the company an “equal weight” rating in a research note on Monday, August 7th. Finally, Berenberg Bank began coverage on Univar in a research note on Thursday, July 6th. They set a “sell” rating and a $24.00 price target on the stock. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $33.33.

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Univar Inc. (NYSE:UNVR) opened at 27.38 on Friday. Univar Inc. has a 52 week low of $19.13 and a 52 week high of $33.15. The firm’s market cap is $3.85 billion. The stock’s 50 day moving average price is $28.64 and its 200 day moving average price is $29.97.

Univar (NYSE:UNVR) last released its quarterly earnings data on Friday, August 4th. The basic materials company reported $0.34 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.31 by $0.03. Univar had a positive return on equity of 15.46% and a negative net margin of 0.85%. The company had revenue of $2.25 billion for the quarter, compared to the consensus estimate of $2.27 billion. During the same quarter last year, the business posted $0.29 EPS. Univar’s revenue for the quarter was down .7% on a year-over-year basis. On average, equities research analysts predict that Univar Inc. will post $0.92 EPS for the current year.

About Univar

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

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Institutional Ownership by Quarter for Univar (NYSE:UNVR)

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